Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:

I am not a U.S. citizen or resident
I am not a resident of the Philippines
I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
I am aware of my liability for making a false declaration.

For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.

Cancel Confirm

We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.

Confirm

Open trading account

Trading news

Back

6 Feb 2020

OPEC+panel propose 600,000 bpd oil production cut

Delegates of the Organization of the Petroleum Exporting Countries and non-member Russia -- together known as OPEC+ -- have been in a "joint technical committee" meeting in Vienna this week to discuss cutting production, , amid fears of the coronavirus situation in oil consumer China affecting the market.

Reuters report, via an OPEC source, that OPEC+panel proposed 600,000 bpd oil output cut will start immediately and continue until June if agreed by all members.

Market implications

This follows yesterday's news and also again today that Russia rejected proposals to slash crude output, requesting for more time to assess the impact of a new coronavirus on crude prices. The talks began on Tuesday but are seemingly struggling to find an accord which is limiting the upside prospects for oil prices.

Feb 6, 2020

EUR/USD looks to post lowest daily close in four months near 1.0980

The EUR/USD pair came under strong bearish pressure during the American trading hours on Thursday and slumped to its lowest level since early October

US Dollar Index Asia Price Forecast: DXY rises to its highest since October 2019

The US dollar index (DXY) is printing fresh 2020 highs while trading above the main simple moving averages (SMAs).